Mailung Khola Jal Vidhyut Company Limited
MKJC — Mailung Khola Jal Vidhyut Company Limited technical analysis
Mailung Khola Jal Vidhyut Company Limited (MKJC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 296.90, down -2.10 (-0.70%) from the previous close of Rs. 299.00, ranging between Rs. 290.00 and Rs. 305.00 on the day on a traded volume of 11,262 shares.
Technical outlook
MKJC's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 310.68) — short-term weak. 20-day below 50-day — trend down. RSI 34 — neutral. MACD above signal — momentum up.
Key levels
The nearest resistance sits around rs. 501.23. support around rs. 290.40. Over the past year, MKJC has traded between a 52-week low of Rs. 252.00 and a high of Rs. 631.00, placing the current price at about 12% of that range.
A recent candlestick signal detected on MKJC: Hammer — Long lower wick rejecting lower prices — potential bullish reversal.
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For information only — not financial advice.